Attentive to the development of the rental market in Tranquilidade has launched a product in this area that aims to protect both tenants and landlords: Rent Protection insurance.
This new product guarantees the payment of rent if the tenant is unable to do so. It is an innovative product on the market, which can be taken out by either the landlord or the tenant, safeguarding the interests of both parties:
-The owner can rent out their properties without any worries, as they are covered for the main situations that could lead to the tenant defaulting on rent payments, such as inability to work due to illness or accident;
-Tenants are better protected, because in the event of unemployment or hospitalization, this product guarantees the payment of their rent, giving them time to restore their financial situation.
Proteção Rendas insurance is therefore very comprehensive and very affordable: starting at €12/month for a monthly income of €500.
For more information, pleasecontact us.